Other Properties 222 м² in Prcanj, Montenegro

1 614 899 $

7 274 $ /м²

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Other Properties 222m² in Montenegro, Prcanj. Priced at 1400000€ rent photo- #1

Other Properties 222m² in Montenegro, Prcanj. Priced at 1400000€ rent photo- #2

Other Properties 222m² in Montenegro, Prcanj. Priced at 1400000€ rent photo- #3

Other Properties 222m² in Montenegro, Prcanj. Priced at 1400000€ rent photo- #4

Other Properties 222m² in Montenegro, Prcanj. Priced at 1400000€ rent photo- #5

Other Properties 222m² in Montenegro, Prcanj. Priced at 1400000€ rent photo- #6

Other Properties 222m² in Montenegro, Prcanj. Priced at 1400000€ rent photo- #7

Other Properties 222m² in Montenegro, Prcanj. Priced at 1400000€ rent photo- #8

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Other Properties 222m² in Montenegro, Prcanj. Priced at 1400000€ rent photo- #10

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Other Properties 222m² in Montenegro, Prcanj. Priced at 1400000€ rent photo- #14

Other Properties 222m² in Montenegro, Prcanj. Priced at 1400000€ rent photo- #15

Area

222 м²

Bedrooms

Bathrooms

Other sites in Kotor. The city - Prčanj

This historical mansion, built in the 18th century in Gothic style, is located on the 1st line of the sea and represents a unique investment object. There is a restaurant a few steps away and a grocery store 100 meters away.The mansion houses 4 fully equipped apartments with private terrace and panoramic sea views. There is also a beautiful, well maintained garden. The mansion is currently functioning as an apart-hotel - i.e. it is a ready-made business.Location: Prcanj villageVilla area: 222 sq.m.The area of the plot: 720 sq.m.Number of bedrooms: 5Number of bathrooms: 4

Additional details

Property type

Residential Properties

Object type

Other Properties

Price

1 614 899 $

Land area

720

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Prcanj; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Montenegro finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Montenegro takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Prcanj short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (1 614 899 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Prcanj: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).